Fitness Machine Technicians FMT
Provides maintenance and repair products and services for exercise equipment for businesses such as colleges, universities, hotels, and apartment buildings, as well as individual equipment owners. The business may be operated from home or from leased garage or light industrial space.
Your franchise match score
Fitness
Brand highlights
- CEOChris Buitron
- Headquarters22359 Perimeter Pointe Parkway, Charlotte, NC, 28208
- Year founded2020
- Year started franchising2012
- IndustryFitness
- Locations open123 (+30 last three years)
Statistics & metrics
- Investment range$66,450 - $127,990
- Franchise fee$45,000
- RoyaltyRoyalties are a percentage of Gross Sales: 6% of the first $499,999 of Gross Sales each calendar year; 5% of Gross Sales in excess of $500,000 each calendar year. Royalties are subject to a monthly minimum beginning in your 13th month, through the term of the contract. The minimum monthly royalty for each territory is $500.
- Brand fundThe Brand Development Fee is 1% of Gross Sales. We reserve the right to increase the Brand Development Fee up to 2% of Gross Sales.
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-05-15
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Fitness Machine Technicians FMT, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Fitness Machine Technicians FMT franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Fitness Machine Technicians FMT franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Fitness Machine Technicians FMT franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Fitness Machine Technicians FMT. | |
| Financial Performance Representations | Review any financial performance information Fitness Machine Technicians FMT provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 123 |
| Franchise locations | 121 |
| Corporate locations | 2 |
System growth over time
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